Want this question answered?
What transactions in accounting might not require reversing entries
Some of the disadvantages of reversing entries would be that an error can either overstate or understate the account, reversing entries also doubles the work for accountants and it also increases the chances for errors.
pros and cons of physiocrats
what were the pros and cons for the nulification
pros an cons of the Oregon trail
Reversing entries are optional because they are just made to simplify bookkeeping in the new year. The bookkeeper can record entries from previous years just to keep track.
pros: goodness cons: badness
pros are + and cons are-
PROS CONS ----------------------------------------------------- Pros: Entertaining Cons: Mental conditions can be caused, Adicition, Expensive.
Cons? What Cons?
what are the pros and cons of being an architect
What are the pros and cons of transformational leadership?